Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, what assessment she has made of the potential merits of introducing a full redress scheme for losses incurred by customers of Football Index affected by its collapse.

The government appreciates the significant impact that the collapse of the novel gambling product Football Index had on former customers. Administration proceedings for BetIndex, the company which operated Football Index, are continuing, and are looking at the assets and liabilities of the operator and what is owed to customers. It is likely that this process will result in some amounts being reimbursed to creditors. There is no compensation scheme for losses caused by a gambling firm ceasing to operate and the government does not think it would be appropriate to use public funds for these purposes.